Bitcoin Forum

Bitcoin => Group buys => Topic started by: jdany on July 17, 2014, 02:10:16 AM



Title: jdany's mining
Post by: jdany on July 17, 2014, 02:10:16 AM
I set up space for a small mining outfit.
About 20' x 10' room - air conditioned.
Shelving for 40 BTC Garden miners.


[Funding Underway]
Order 3 - 1.2T

[Ordered]
Order 2 - 1.2T

[Mining]
Order 1 - 1.2T


Title: Re: jdany's MOF - BTC Garden - July 18 1.2T Buy
Post by: zulover on July 17, 2014, 02:32:55 AM
Is your electric 0.073 a unit? How's that possible?


Title: Re: jdany's MOF - BTC Garden - July 18 1.2T Buy
Post by: jdany on July 17, 2014, 02:46:17 AM
Electricity here is very cheap.


Title: Re: jdany's mining
Post by: rarkenin on July 18, 2014, 01:17:14 AM
Is your electric 0.073 a unit? How's that possible?

That's sensible for many locations around the world.


Title: Re: jdany's mining
Post by: Meech on July 18, 2014, 02:12:15 AM
Your post is vague at best.  Are you simply telling us what you have and want us to help?  Or are you hosting and at what cost per month?  I to like the Garden Miners and am about to purchase now they have double the size.


Title: Re: jdany's mining
Post by: BuyMyDreamHome on July 18, 2014, 02:15:56 AM
Are you looking to buy more, or just telling us?


Title: Re: jdany's mining
Post by: jdany on July 18, 2014, 03:06:46 AM
Well, I originally posted to allow others to buy into my operation.
However, I read SebastianJu's post outlining his experience with a group buy.
The commitment sounds daunting.  If I do this, I have to figure it out better than what I have planned in my first outline.

I'm planning on receiving 1.2T tommorrow and get everything setup.
I'm going to mock up the methods for tracking investment & income and make sure I can pull this off with accuracy without being paralyzed with tons of extra work to keep investors in the loop.

I have cheap electricity and dedicated space.
It's worth it to me to see if I can get something going.

Sorry about vague post.  I deleted most of what I had originally written and chose to rethink most of it.





Title: Re: jdany's MOF - BTC Garden - July 18 1.2T Buy
Post by: Niggle on July 19, 2014, 03:50:09 AM
Electricity here is very cheap.


Where is "here"?


Title: Re: jdany's mining
Post by: Meech on July 19, 2014, 04:11:16 AM
It's alright, pass by a lil place everyday that would be perfect for a hosting center in Washington State @09 cents a kw.  It does take more thought and a firm investment strategy and backing to open it to others.  Maybe find some local bitcoin miners to help invest and then ask general public after you have things running and see the costs.


Title: Re: jdany's MOF - BTC Garden - July 18 1.2T Buy
Post by: jdany on July 20, 2014, 04:00:51 AM
Electricity here is very cheap.


Where is "here"?

NE ohio


Title: Re: jdany's MOF - BTC Garden - July 18 1.2T Buy
Post by: DjPxH on July 21, 2014, 01:51:14 PM

Don't tell anyone where your exact whereabouts are! If you've got a big enough mining farm, people will try to break into it and steal your stuff. The big mining operations over in China are a top-secret endeavour!


Title: Re: jdany's MOF - BTC Garden - July 18 1.2T Buy
Post by: jdany on July 21, 2014, 09:37:40 PM

Don't tell anyone where your exact whereabouts are! If you've got a big enough mining farm, people will try to break into it and steal your stuff. The big mining operations over in China are a top-secret endeavour!

10-4
I think I might set something up so smaller investors can get involved with my operation - and I can put together my procedures with less pressure/risk.